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Stock impact report

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against QuinStreet, Inc.

QuinStreet, Inc. (QNST) 
Last quinstreet, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.quinstreet.com/company-overview
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against QuinStreet, Inc. (“QuinStreet” or the “Company”) (NASDAQ: QNST). This investigation concerns whether QuinStreet has violated federal securities laws and/or engaged in other unlawful business practices.On April 11, 2019, Kerrisdale Capital published a report accusing QuinStreet of (a) artificially boosting the company’s “leads” revenue by secretly paying web surfers to click on its advertiser-sponsored links; and (b) failing to adequately disclose the company’s revenue concentration in, and growth from, a single large client, Progressive Insurance.On August 8, 2019, the Company announced disappointing earnings for the second quarter of 2019, causing shares to decline from $16.37 to $11.81 (a decline of 27%).If you acquired QuinStreet securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600 Show less Read more
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